News Archives for Print - 2018-06-04

The Weather

The weather report on Sunday (June 3, 2018) and the forecast for Monday (June 4, 2018).

Published 04 Jun, 2018 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JULY TO DECEMBER 2017)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 04 Jun, 2018 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (May 28 to June 1, 2018).

Published 04 Jun, 2018 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 04 Jun, 2018 12:00am

'Buy now or wait?', Italian sell-off lures back investors

Some European and US fund managers are stepping back into Italian equities after fresh angst about a break from the euro zone wiped five months of gains off Milan's top share index.

Published 04 Jun, 2018 12:00am

'Buy now or wait?', Italian sell-off lures back investors

Some European and US fund managers are stepping back into Italian equities after fresh angst about a break from the euro zone wiped five months of gains off Milan's top share index.

Published 04 Jun, 2018 12:00am

Currency

Oil's retreat, global EM woes may weigh on tenge

The Kazakh tenge may weaken against the dollar this month after Brent crude retreated from the $80-per-barrel mark and several emerging market currencies came under pressure, according to a Reuters poll. Four of eight participants in the poll, which was c

Published 04 Jun, 2018 12:00am

China's money rates surge

China's onshore and offshore money rates surged much of this week, then eased on Friday as the end-of-month demand that drove rates higher dissipated. The volume-weighted average rate of the benchmark seven-day repo traded in the interbank market, conside

Published 04 Jun, 2018 12:00am

China steps up regulation of fast-growing money market funds

Regulators moved to curb feverish growth of China's $1.2 trillion money market funds market, unveiling rules on Friday to limit instant redemption of withdrawals, tighten supervision of fund distribution and battle any threat of "systemic instability". Th

Published 04 Jun, 2018 12:00am

China steps up regulation of fast-growing money market funds

Regulators moved to curb feverish growth of China's $1.2 trillion money market funds market, unveiling rules on Friday to limit instant redemption of withdrawals, tighten supervision of fund distribution and battle any threat of "systemic instability". Th

Published 04 Jun, 2018 12:00am

New labour minister boosts Saudi market, Emaar lifts Dubai

The Saudi stock market jumped on Sunday after the weekend appointment of a prominent businessman as labour minister, a move widely welcome by the private sector. Ahmed bin Suleiman al-Rajhi is expected to create a friendlier business environment, enhance

Published 04 Jun, 2018 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 83.70-83.70 (Previous 83.70-83.70).

Published 04 Jun, 2018 12:00am

Japan fund managers trim equity holdings, increase bond exposure

Japanese fund managers trimmed their overall exposure to stocks in April and increased their bond holdings, a Reuters poll showed. Respondents on average allocated 38.3 percent of their model portfolios to stocks in May, compared with 38.6 percent in Apri

Published 04 Jun, 2018 12:00am

Japan fund managers trim equity holdings, increase bond exposure

Japanese fund managers trimmed their overall exposure to stocks in April and increased their bond holdings, a Reuters poll showed. Respondents on average allocated 38.3 percent of their model portfolios to stocks in May, compared with 38.6 percent in Apri

Published 04 Jun, 2018 12:00am

Vitol to float Viva Energy stake in $2.3 billion IPO

Global energy trader Vitol and its partners plan to float their Australian Viva Energy business, potentially worth nearly A$5 billion ($3.8 billion), in July, three people familiar with the transaction said on Tuesday. The owners want to sell up to 60 per

Published 04 Jun, 2018 12:00am

Offshore investor interest in South African equities at risk

South Africa needs tangible economic growth to entice more offshore investors to invest in its bourse after a good start to the year thanks to improved sentiment following the election on a new president, analysts said. South Africa's economy has barely g

Published 04 Jun, 2018 12:00am

Currency

European funds sell equities and emerging markets in May

Italian political ructions and fears of a US-China trade war persuaded European money managers to dial back allocations to equities and emerging markets in May, while raising bond holdings to the highest since July 2016. Reuters' latest monthly survey of

Published 04 Jun, 2018 12:00am

Currency

European funds sell equities and emerging markets in May

Italian political ructions and fears of a US-China trade war persuaded European money managers to dial back allocations to equities and emerging markets in May, while raising bond holdings to the highest since July 2016. Reuters' latest monthly survey of

Published 04 Jun, 2018 12:00am

US funds dash to safety on Italian crisis and trade fears

US funds increased recommendations for bond holdings to a more than two-year high in May and cut equities to the lowest since October, citing the political crisis in Italy and rising risks of a trade war, a Reuters poll showed.

Published 04 Jun, 2018 12:00am

US funds dash to safety on Italian crisis and trade fears

US funds increased recommendations for bond holdings to a more than two-year high in May and cut equities to the lowest since October, citing the political crisis in Italy and rising risks of a trade war, a Reuters poll showed.

Published 04 Jun, 2018 12:00am

Wall Street week ahead: healthcare investors weigh bets as election risks loom

If 2016 is any guide, pharmaceutical, biotech and other healthcare stocks could be in for a rough summer and fall heading into another round of US elections. But investors may be able to hedge such risks while remaining in the sector if they are willing t

Published 04 Jun, 2018 12:00am

Serena 'betrayed' as Sharapova feud fires up French Open

Serena Williams will be fired up to tighten her 14-year grip on Maria Sharapova by a sense of betrayal as the two iconic stars play out the latest chapter of their bitter feud at the French Open on Monday. Sharapova has not defeated her fellow former worl

Published 04 Jun, 2018 12:00am

Zverev and Djokovic into French Open quarters

German second seed Alexander Zverev and Novak Djokovic edged closer to a possible French Open semi-final clash of generations, with the youngster edging out Karen Khachanov and the former champion seeing off Fernando Verdasco in the last 16 on Sunday. The

Published 04 Jun, 2018 12:00am

Neuer returns but unable to prevent Germany loss to Austria

Germany goalkeeper Manuel Neuer made his comeback from a nine-month injury break on Saturday but was unable to prevent the world champions suffering a surprise 2-1 friendly defeat to Austria. Neuer, who had not played a single official game since breaking

Published 04 Jun, 2018 12:00am

BeIN channels in UAE pulled ahead of World Cup

Qatar's beIN Media said Sunday that "lengthy" talks with Emirates telecom company Du had broken down, potentially denying thousands of fans the chance to watch World Cup games live. "BeIN Media Group announces that after lengthy negotiations, it has not b

Published 04 Jun, 2018 12:00am

Stokes out of Scotland ODI and 'first part' of Australia series

England all-rounder Ben Stokes had been ruled out the one-day international against Scotland next weekend and the "first part" of the five-match series against Australia with a torn hamstring, the England and Wales Cricket Board announced Sunday. Stokes s

Published 04 Jun, 2018 12:00am

Lorenzo wins Italian MotoGP as world champion Marquez finishes 16th

Spain's Jorge Lorenzo claimed his first MotoGP win in a year and a half at the Italian Grand Prix in Mugello on Sunday as world championship leader Marc Marquez fell and finished in 16th place. Lorenzo took the lead early and held on til the end with Ital

Published 04 Jun, 2018 12:00am

Neymar scores for Brazil on return from injury against Croatia

Neymar celebrated his eagerly anticipated return from injury with a superb goal for Brazil in their World Cup warm-up against Croatia on Sunday. Neymar had been sidelined for over three months after fracturing his foot while playing for Paris Saint-Germai

Published 04 Jun, 2018 12:00am

Cahill, Arzani in Australia's final World Cup squad

Tim Cahill will play in his fourth World Cup and teenager Daniel Arzani made the final cut as Australia's coach Bert van Marwijk finalised his 23-man squad Sunday. The 38-year-old Cahill is his country's most prolific international scorer with 50 goals an

Published 04 Jun, 2018 12:00am

England stop the rot with thumping win over Pakistan

England won their first Test match since September as they thrashed Pakistan by an innings and 55 runs in the second Test at Headingley on Sunday. Victory, completed inside three days, saw England level the two-match series at 1-1 after Pakistan won the f

Published 04 Jun, 2018 12:00am

Pre-Switch introduces Pre-Flex Technology using AI

Pre-Switch, Inc., the world's premier supplier of soft switching technology May 31 introduced Pre-Flex Technology, an embedded AI (Artificial Intelligence) controller IC (Integrated Circuit) which effectively eliminates transistor switching losses in hard

Published 04 Jun, 2018 12:00am

New GSMA study: operators must look beyond connectivity to increase share of $1.1trn IoT revenue opportunity

The global Internet of Things (IoT) market will be worth $1.1 trillion in revenue by 2025 as market value shifts from connectivity to platforms, applications and services, according to new data from GSMA Intelligence. By that point, there will be more tha

Published 04 Jun, 2018 12:00am

Facebook sinking fast among US teens: survey

Facebook is rapidly losing ground against rival internet platforms in attracting and keeping US teenagers, a survey showed Thursday. The Pew Research Center report confirms a trend seen in other surveys, showing a sharp drop in Facebook's share of what ha

Published 04 Jun, 2018 12:00am

Walmart goes upscale with personal shopper service

Walmart on Thursday unveiled a new concierge shopping service enabling customers to get quick deliveries and advice from a personal assistant, going upscale in the retail giant's battle with Amazon.

Published 04 Jun, 2018 12:00am

Gemalto for advanced mobile connectivity solutions

Gemalto May 28 announces a new collaboration that will see its advanced mobile connectivity solutions integrated with Qualcomm Snapdragon mobile PC platform, a product by Qualcomm Technologies Inc., a subsidiary of Qualcomm Incorporated. This paves the wa

Published 04 Jun, 2018 12:00am

Acer incorporates Gemalto miniaturised embedded SIM into Swift 7 laptops

By 2022, more than 4 in 10 employees around the world are expected to be mobile, according to Strategy Analytics. With an increasing need for workplace mobility, Acer has incorporated Gemalto miniaturized embedded SIM (eSIM) into its Swift 7 laptops to of

Published 04 Jun, 2018 12:00am

Smartphone market to stay cool this year: forecast

International Data Corporation forecast Wednesday that global smartphone sales would cool this year before heating up with help from new 5G networks and India's vibrant market.

Published 04 Jun, 2018 12:00am

Consumer Reports recommends 'buy' for Tesla Model 3

A wireless update of antilock braking software improved the stopping distance of Tesla's electric Model 3, prompting Consumer Reports to reverse course and give the car its "Recommended Buy" rating.

Published 04 Jun, 2018 12:00am

Google launches 2nd app in China, woos top smartphone market

Alphabet Inc's Google has launched a file managing tool in several Chinese app stores as it looks for fresh inroads into the world's biggest smartphone market, where most of the internet giant's top products remain banned.

Published 04 Jun, 2018 12:00am

HP Inc tops revenue estimates, raises forecast on PC demand

HP Inc reported better-than-expected quarterly revenue and raised its full-year profit forecast on Tuesday, helped by strong demand for its notebooks and desktops. The company also named Steve Fieler as its chief financial officer, succeeding 32-year HP v

Published 04 Jun, 2018 12:00am

HP Inc tops revenue estimates, raises forecast on PC demand

HP Inc reported better-than-expected quarterly revenue and raised its full-year profit forecast on Tuesday, helped by strong demand for its notebooks and desktops. The company also named Steve Fieler as its chief financial officer, succeeding 32-year HP v

Published 04 Jun, 2018 12:00am

Emirates to offer premium economy from 2020

Emirates is to launch a premium economy class on its aircraft from 2020, according to its President Tim Clark, which could help the carrier attract more higher spending travellers. Premium economy costs more than economy class tickets, but less than busin

Published 04 Jun, 2018 12:00am

Deutsche Bank cuts 8 equities research positions in Dubai

Deutsche Bank has cut eight positions within its equities research team in Dubai as it moves to close the unit as part of a global scaling back of equities business, sources familiar with the matter said. The research analysts covered dozens of companies

Published 04 Jun, 2018 12:00am

Aeroflot Q1 loss more than doubles as costs surge

Russia's biggest airline Aeroflot reported a first-quarter net loss of 11.54 billion roubles ($184.49 million) on Wednesday as fuel and staff costs outweighed revenue growth. In its first ever publication of quarterly results, Aeroflot said the net loss m

Published 04 Jun, 2018 12:00am

Aeroflot Q1 loss more than doubles as costs surge

Russia's biggest airline Aeroflot reported a first-quarter net loss of 11.54 billion roubles ($184.49 million) on Wednesday as fuel and staff costs outweighed revenue growth. In its first ever publication of quarterly results, Aeroflot said the net loss m

Published 04 Jun, 2018 12:00am

Maybank posts highest-ever Q1 profit on lower expenses

Malayan Banking Bhd (Maybank), Malaysia's largest lender, posted its highest ever first-quarter profit, helped by a drop in expenses and continued decline in impairment losses. Maybank's net profit for the quarter was 1.9 billion ringgit ($477.39 million)

Published 04 Jun, 2018 12:00am

Maybank posts highest-ever Q1 profit on lower expenses

Malayan Banking Bhd (Maybank), Malaysia's largest lender, posted its highest ever first-quarter profit, helped by a drop in expenses and continued decline in impairment losses. Maybank's net profit for the quarter was 1.9 billion ringgit ($477.39 million)

Published 04 Jun, 2018 12:00am

Time is right for RBS share sale, opine bankers and analysts

The British government should go ahead and sell more shares in state-backed Royal Bank of Scotland, bankers and industry experts said, even though it would likely mean a big loss to taxpayers.

Published 04 Jun, 2018 12:00am

Time is right for RBS share sale, opine bankers and analysts

The British government should go ahead and sell more shares in state-backed Royal Bank of Scotland, bankers and industry experts said, even though it would likely mean a big loss to taxpayers.

Published 04 Jun, 2018 12:00am

De Beers sees sparkle in synthetic diamond jewellery

Anglo American unit De Beers is launching a company to sell laboratory-produced diamonds for jewellery in a departure from its century-old business model of promoting natural stones. Real diamonds created over thousands of years remain the priority, but D

Published 04 Jun, 2018 12:00am

Malaysian government may seek more revenue from Petronas as profit jumps

Malaysia may collect up to $2.3 billion more in taxes and dividends from Petroliam Nasional Berhad, or Petronas, this year, a finance ministry official said on Wednesday, as firmer oil prices boost profits at the state energy firm.

Published 04 Jun, 2018 12:00am

Sweeping gene survey reveals new facets of evolution

Who would have suspected that a handheld genetic test used to unmask sushi bars pawning off tilapia for tuna could deliver deep insights into evolution, including how new species emerge? And who would have thought to trawl through five million of these ge

Published 04 Jun, 2018 12:00am

No need for high-dose vitamin D in infants: study

Tripling the dose of vitamin D supplementation for babies does not make their bones any stronger by age two, according to a study in Finland published on Tuesday. Vitamin D is essential because it helps the body absorb calcium. It is naturally produced wh

Published 04 Jun, 2018 12:00am

Genetic obesity risk tied to smoking

Although smoking has long been associated with being thin, a recent genetic study suggests that a tendency to have excess body fat, especially around the waist, is also tied to a person's odds of being a smoker. The findings might indicate that extra body

Published 04 Jun, 2018 12:00am

Nepal reports outbreak of H5N1 bird flu

Nepal reported an outbreak of severe H5N1 bird flu among backyard ducks near the capital Kathmandu, the World Organization for Animal Health (OIE) said on Tuesday, citing the Nepalese Ministry of Livestock Development.

Published 04 Jun, 2018 12:00am

Another antibiotic crisis: fragile supply leads to shortages

Shortages of some life-saving antibiotics are putting growing numbers of patients at risk and fuelling the evolution of "superbugs" that do not respond to modern medicines, according to a new report on Thursday.

Published 04 Jun, 2018 12:00am

Great Barrier Reef on sixth life in 30,000 years: study

Australia's Great Barrier Reef, under severe stress in a warmer, more acidic ocean, has returned from near-extinction five times in the past 30,000 years, researchers said on Monday. And while this suggests the reef may be more resilient than once thought

Published 04 Jun, 2018 12:00am

Smoking causing millions of heart attacks, strokes: WHO

While the link between smoking and a range of cancers is well known, the World Health Organization warned on Thursday there was too little awareness of tobacco's impact on the human heart. On the occasion of World No Tobacco Day Thursday, the UN health ag

Published 04 Jun, 2018 12:00am

Qatar economy weathers storms of year-long blockade

Qatar has weathered the economic impacts of a stifling Saudi-led blockade, maintaining healthy growth, but some sectors continue to pay the price a year after the crisis erupted. On June 5, 2017, Saudi Arabia, the United Arab Emirates and Bahrain - all pa

Published 04 Jun, 2018 12:00am

Israel central bank simplifies process for new banks in bid to spur sector

Israel's banking regulator published a new policy on Sunday that makes it easier and faster to set up a new bank, part of a reform to spur competition in the banking sector and lower borrowing costs. Israel has not awarded new banking licences for decades

Published 04 Jun, 2018 12:00am

Kenya launches oil export drive

Kenyan President Uhuru Kenyatta on Sunday official launched a pilot project to truck oil for export from its remote northwest to the port of Mombasa in an effort to boost the economy. "This... marks the beginning of a long and fruitful journey," Kenyatta

Published 04 Jun, 2018 12:00am

Arab oil ministers stress need for continued Opec, non-Opec cooperation

Opec and non-Opec Arab oil ministers stressed the need for continued cooperation between oil producers who are part of a pact for a global supply cut that is due to expire at the end of 2018, Kuwait's state news agency KUNA reported on Sunday. The Organiz

Published 04 Jun, 2018 12:00am

Currency

Foreign funds started flowing after Turkey addressed concerns: deputy PM

Foreign funds started to flow after international concerns about Turkey's monetary policy were largely addressed during meetings with investors in London, Deputy Prime Minister Mehmet Simsek said on Sunday. "The concerns over monetary policy was mainly re

Published 04 Jun, 2018 12:00am

Saudi crown prince, UK PM note importance of oil market stability

Saudi Crown Prince Mohammed bin Salman and British Prime Minister Theresa May discussed the importance of oil market stability, May's office said on Sunday. Saudi Arabia is the world's top oil exporter. Prospects that it and top producer Russia could boos

Published 04 Jun, 2018 12:00am

India urges global planemakers to 'Make in India'

India wants to encourage aircraft makers to manufacture in the country, starting with components and moving eventually to complete aircraft, Aviation Minister Suresh Prabhu said on Sunday. In a series of messages on Twitter, Prabhu appealed to Airbus and

Published 04 Jun, 2018 12:00am

Jordan senate meets as protests snowball over IMF-backed austerity

Jordan's senate met Sunday for a special session after another night protests across the country against IMF-backed austerity measures including a draft income tax law and price hikes. Some 3,000 people faced down a heavy security presence to gather near

Published 04 Jun, 2018 12:00am

Jetmakers race to meet Sydney-London non-stop challenge

Planemakers gave a glimpse of the ultra-long-distance jets of the future on Sunday as they work to meet a demanding goal from Australia's Qantas to connect Sydney and London in a non-stop 20-hour flight. As global airline leaders gather for an annual conf

Published 04 Jun, 2018 12:00am

EU, Mercosur trade talks resume with renewed optimism

The European Union and South America's Mercosur bloc begin a fresh round of trade talks this week with renewed optimism that negotiators may be nearing an accord after almost 20 years of talks. Since trade negotiations with the United States were frozen a

Published 04 Jun, 2018 12:00am

Merkel offers Macron concessions on reforms

German Chancellor Angela Merkel delivered a long-awaited answer to French President Emmanuel Macron's call for ambitious European Union reforms Sunday, offering olive branches on investment and help for debt-mired eurozone member states.

Published 04 Jun, 2018 12:00am

Building collapse kills three in Nairobi

At least three people were killed after a five-storey building collapsed in the Kenyan capital Nairobi in the early hours of Sunday, officials said. It was not immediately clear what caused the collapse but the authorities say 30,000 to 40,000 buildings b

Published 04 Jun, 2018 12:00am

Shakespeare in trouble: Dutch fret about English on campus

The growing popularity of English as a medium of instruction at Dutch universities is ringing alarm bells among local lecturers and students, with some now even calling for government intervention.

Published 04 Jun, 2018 12:00am

Trio reach Earth from ISS with football slated for World Cup

Russian cosmonaut Anton Shkaplerov made it back to Earth Sunday along with an official match football that could be used later this month in the opening game of the World Cup in Moscow. Shkaplerov, Scott Tingle of the United States and Norishige Kanai of

Published 04 Jun, 2018 12:00am

Landlocked Ethiopia plans new navy as part of military reforms

Landlocked Ethiopia, which lost its access to the Red Sea nearly three decades ago, plans to build a navy as part of military reforms, state-affiliated media said. The country disbanded its navy in 1991 after its then-province Eritrea seceded following a

Published 04 Jun, 2018 12:00am

Merkel under fire over migration office scandal

German Chancellor Angela Merkel came under pressure Sunday over a brewing scandal surrounding the office charged with processing more than a million asylum seekers who have arrived in the country since 2015. The affair stems from allegations that an emplo

Published 04 Jun, 2018 12:00am

Duterte apologises to Kuwait for 'harsh' words

Philippine President Rodrigo Duterte apologised to Kuwait on Sunday for his "harsh" words at the height of a months-long diplomatic row over the treatment of domestic workers.

Published 04 Jun, 2018 12:00am

Duterte tells UN expert to 'go to hell'

President Rodrigo Duterte on Sunday told a United Nations rights expert to "go to hell" over criticism of the Philippine leader for threatening the country's top judge. Duterte's latest profanity-laced diatribe came after Diego Garcia-Sayan, the UN specia

Published 04 Jun, 2018 12:00am

US Army launches war games on NATO's eastern flank

Some 18,000 troops from 19 mostly NATO countries began annual US-led military exercises in Poland and the Baltic states on Sunday to boost combat readiness on the alliance's eastern flank as it faces an increasingly assertive Russia. The eighth Saber Stri

Published 04 Jun, 2018 12:00am

New Nicaragua violence kills six, including American

Nicaraguan protesters fired homemade mortars to fend off a police crackdown Saturday in new unrest that left at least six people dead, including a US citizen, as the opposition renewed calls for President Daniel Ortega's resignation. But Ortega, the man w

Published 04 Jun, 2018 12:00am

Israel, Gaza exchange fire after Palestinian woman killed at border

Israeli aircraft pounded over a dozen militant targets in Gaza, the army said Sunday, after Palestinian projectile fire shattered a ceasefire reached just days ago after the worst flare-up since a 2014 war. The latest escalation came hours after thousands

Published 04 Jun, 2018 12:00am

Qatar says will not 'fuel a war' against Iran

Qatar will not be dragged into any conflict with Iran, a senior Qatari official said Sunday. Defence minister Khalid bin Mohammad al-Attiyah told an international security conference in Singapore that even though the two nations had "a lot of differences"

Published 04 Jun, 2018 12:00am

UK mourns on anniversary of London Bridge attack

Britain held a national minute of silence on Sunday after a remembrance ceremony in the heart of its capital, one year on from the London Bridge terror attack that killed eight people and injured dozens more. Flowers were laid, candles lit and a religious

Published 04 Jun, 2018 12:00am

Trump advisor admits trade dispute a risk to US economy

President Donald Trump's top economics advisor acknowledged Sunday the trade dispute with US allies could jeopardize the booming American economy but dismissed criticism of the administration's stance as overblown. Larry Kudlow's remarks came after financ

Published 04 Jun, 2018 12:00am

Iraq issues arrest warrant for Kurdish referendum leader

Iraqi judicial authorities have issued an arrest warrant for a Kurdish politician at the centre of last year's failed independence bid, a source from within the provincial administration said Sunday. Rebwar Talabani, head of the Kirkuk Provincial Council,

Published 04 Jun, 2018 12:00am

Iraqi court jails French woman for life over IS membership

An Iraqi court Sunday jailed a French woman for 20 years for belonging to the Islamic State group as her lawyers accused authorities in Paris of "interference" to prevent her returning to France. Melina Boughedir, a mother of four, was sentenced last Febr

Published 04 Jun, 2018 12:00am

Anti-migrant party in front in Slovenian elections: exit poll

The anti-immigration party of veteran centre-right leader Janez Jansa is leading in Slovenia's parliamentary election, according to an exit poll published after voting ended on Sunday. The exit poll for public television gave 59-year-old Jansa's SDS party

Published 04 Jun, 2018 12:00am

Britain will have Brexit policies ready for June EU summit: minister

Britain will have a good set of proposals on Brexit policy ready for a meeting of European Union leaders this month, interior minister Sajid Javid said on Sunday, adding that he expected a positive response from Brussels. He rejected a newspaper report sa

Published 04 Jun, 2018 12:00am

Afghan archaeologist killed near Buddhist site

A roadside bomb killed an Afghan archaeologist near an ancient Buddhist excavation site, also home to the country's largest copper reserve, raising concerns about increasing threats to government-backed projects, officials said on Sunday. Security threats

Published 04 Jun, 2018 12:00am

Assad to meet Kim in North Korea

Syrian President Bashar al-Assad said he plans to visit North Korea's leader Kim Jong Un, Pyongyang's state media reported Sunday, potentially becoming the first head of state to meet Kim inside the isolated country. "I am going to visit the DPRK and meet

Published 04 Jun, 2018 12:00am

No North Korea relief until verifiable denuclearisation steps: Mattis

North Korea will not get any sanctions relief until it has demonstrated "irreversible" steps to denuclearisation, US Defense Secretary Jim Mattis said Sunday. Speaking at a security conference in Singapore ahead of a planned summit between President Donal

Published 04 Jun, 2018 12:00am

Mayor urges stakeholders to make Islamabad a healthy city

Mayor of Islamabad Sheikh Anser Aziz has urged every stakeholder to come forward and join hands to make federal capital a healthy city. Addressing the participants of capacity building workshop organised by Health Service Directorate of MCI held here at C

Published 04 Jun, 2018 12:00am

Demand for perishable items rises in KP's urban areas

Rapid growth of Khyber Pakhtunkhwa's urban areas is increasing demand for high-value perishable products such as fruits, vegetables, dairy and meat is rising, said the recently published KP Economic Review 2016-17. According to the review, agriculture is

Published 04 Jun, 2018 12:00am

Traders demand proper security arrangements at shopping centres

City traders on Sunday have expressed concern over increasing crimes rate during the Holy month of Ramadan and urged the district administration to increase security around all markets and shopping malls as Eid shopping gains momentum. Expressing dissatis

Published 04 Jun, 2018 12:00am

Currency

'IT exports must move up the value chain' an interview with the CEO, Systems Limited

Asif Peer is serving as the CEO, MD and Member of the Board of Directors at Systems Limited. After receiving his Bachelor in Computer Science from NUCES and an MBA from IBA Karachi, Asif started his career with Systems Limited as software developer in 199

Published 04 Jun, 2018 12:00am

Currency

'IT exports must move up the value chain' an interview with the CEO, Systems Limited

Asif Peer is serving as the CEO, MD and Member of the Board of Directors at Systems Limited. After receiving his Bachelor in Computer Science from NUCES and an MBA from IBA Karachi, Asif started his career with Systems Limited as software developer in 199

Published 04 Jun, 2018 12:00am

Two killed as activists clash with militants in tribal area

A clash between Pashtun activists and local militants on Sunday killed two people and wounded 25 others in a restive tribal region near the Afghan border, officials said. The incident occurred in the Rustam Bazar of Wana, the main town of South Waziristan

Published 04 Jun, 2018 12:00am

PPP's Fehmida Mirza joins Grand Democratic Alliance

Former National Assembly speaker Fehmida Mirza joined the Grand Democratic Alliance that comprises of several parties who are opposed to Pakistan Peoples Party in the province. Flanked by her spouse Dr Zulfiqar Mirza, Dr Fehmida Mirza made this announceme

Published 04 Jun, 2018 12:00am

Saeed Ghani's rejoinder to Mirza family

Senior leader of Pakistan Peoples Party (PPP), Saeed Ghani has said that his party gave respect to Zulfikar Mirza and Fehmida Mirza but the time proved that they did not deserve what they got from PPP. Reacting to criticism of the couple against PPP, Saee

Published 04 Jun, 2018 12:00am

PML-N KP to finalize candidates in three days

A meeting of the Pakistan Muslim League-N Parliamentary Board held here on Sunday with Chairman of the Parliamentary Board and Provincial President of the Pakistan Muslim League-N Engr. Amir Muqam in the chair.

Published 04 Jun, 2018 12:00am

IESCO apprehends 84 power pilferers

The Islamabad Electric Supply Company (IESCO) apprehended 84 electricity thieves from various circles of the company in raids in last week of May during its ongoing drive against power pilferers. The spokesman told APP here that 23 culprits were held red

Published 04 Jun, 2018 12:00am

GDA receives 160 applications for tickets: Palijo

The General Secretary of Grand Democratic Alliance (GDA) Ayaz Latif Palijo has informed that the alliance has so far received application from 160 people for the tickets to contest 2018 general election.

Published 04 Jun, 2018 12:00am

Currency	Rate
USD PKR Interbank Selling / May 29	278.37
USD PKR Interbank Buying / May 29	278.16
USD to Japanese Yen / May 29	157.06
USD to Swiss Franc / May 29	0.91
Pound Sterling to USD / May 29	1.28
Euro to USD / May 29	1.09

Stock	Volume
S&P 500 / May 28	5306.04
Nasdaq / May 28	17019.88
FTSE 100 / May 28	8254.18
Dow Jones / May 28	38852.86
Germany DAX 30 / May 28	18677.87
France CAC40 / May 28	8057.80
India Sensex / May 29	74732.81
Tokyo Nikkei / May 29	38556.87

Item	Value
Petrol/Litre / May 29	273.10
Crude Oil USD/Barrel / May 29	80.19
Karachi Cotton PKR/37.32 KG / May 29	19935
Gold 10 Grams PKR / May 29	208076
Gold Spot USD/Ounce / May 29	2355.13
Diesel/Litre / May 29	274.08

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 29 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 29 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 29 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 29 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 29 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 29 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 29 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 29 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 29 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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